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Inventory Management - Order Point/Line Point/EOQ Avg Mo Dmd = 400 units Rvw Cycle = 15 days in months, Safety Stock % = 50 %
Inventory Management - Order Point/Line Point/EOQ Avg Mo Dmd = 400 units Rvw Cycle = 15 days in months, Safety Stock % = 50 % month) Ordering Cost = $8.50 Carrying Cost = 35% (-35) Lead Time = 2 weeks (in months, % month) Unit Cost = $10.65 EOQ Line Point Cycle Usage Order Point Lead Time Usage Safety Stock (5 Points) Using the attached slide and your class lecture notes, determine the following (PLEASE SHOW ALL WORK): a. ORDER POINT: b. LINE POINT: c. EOO: d. If this item is a CYCLE ITEM, and the EFFECTIVE QUANITY is 75. How much would you order: ? e. If this item is an EOQ ITEM, and the EFFECTIVE QUANITY is 75. How much would you order
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